E*TRADE IPO Alert - Y2K and Beyond (EGRP) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP)

ET 16.54

+1.6%

Dec 30 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Topannuity who wrote (4314)	4/3/2000 4:52:00 PM
From: Keith J	Read Replies (1) of 10270

Top, I believe you misread the Fidelity change. I think once you flipped, you were essentially banned from further IPOs unless you pleaded your case big time. Below is from Fidelity website, I don't believe there were defined limits before and the penalty is still pretty severe: The defined period of time which you will be prevented from participating depends on how many times you have flipped shares in the past and a breakdown of those ?exclusion? periods are listed below: -The first time customer sells shares of an IPO obtained through Fidelity in first 15 calendar day they will be prevented from participating in IPO process for 180 days. -The second time customer sells shares of an IPO obtained through Fidelity in first 15 calendar day they will be prevented from participating in IPO process for 365 days. -The third time customer sells shares of an IPO obtained through Fidelity in first 15 calendar day they will be prevented from participating in IPO process permanently. KJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next